Oriole Publishers, uses the allowance method to estimate uncollectible accounts receivable. The company produced the following aging of the accounts receivable at year-end ( in thousands). (a) Your answer is correct. Calculate the total estimated bad debts based on the below information. Num! Total 0-30 31-60 Accounts receivable 244,400 86,400 53,400 % uncollectible 1% 4% Estimated Bad debts W 12835 864 2136 Oriole Publishers, uses the allowance method to estimate uncollectible accounts receivable. The company produced the following aging of the accounts receivable at year-end ( in thousands). (a) Your answer is correct. Calculate the total estimated bad debts based on the below information. Number of Days Outstanding 31-60 61-90 91-120 Over 120 53,400 48,300 32,000 $24,300 4% 5% 8% 20% 2136 2415 2560 4860 (b) - (d) (b) Prepare the year-end adjusting journal entry to record the bad debts using the aged uncollectible accounts receivable determined in (a). Assume the current balance in Allowance for Doubtful Accounts is a 7,800 debit. (c) Of the above accounts, 4,700 is determined to be specifically uncollectible. Prepare the journal entry to write off the uncollectible account. (d) ) The company collects 4,700 subsequently on a specific account that had previously been determined to be uncollectible in (c). Prepare the journal entries necessary to restore the account and record the cash collection. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No Account Titles and Explanation Debit Credit (b) (c) (d) ) (To reverse write-off.) (To record collection of write off.)